Diamond Hill Investment Group (FRA:BVE) Cyclically Adjusted Revenue per Share: €46.28 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:BVE Diamond Hill Investment Group Inc FRA:BVE
53 GF Score
Price €149.00
GF Value €145.40
! 8 Warning Signs
View Full Analysis

What is Diamond Hill Investment Group Cyclically Adjusted Revenue per Share?

Diamond Hill Investment Group FRA:BVE 53 Cyclically Adjusted Revenue per Share is €46.28 as of Dec. 2025. GuruFocus rates FRA:BVE with a GF Score™ of 53/100 and a GF Value™ of €145.40. The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Diamond Hill Investment Group's adjusted revenue per share for the three months ended in Dec. 2025 was €6.827. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €46.28 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Diamond Hill Investment Group's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Diamond Hill Investment Group was 22.80% per year. The lowest was 5.00% per year. And the median was 11.20% per year.

As of today (2026-07-23), Diamond Hill Investment Group's current stock price is €149.00. Diamond Hill Investment Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €46.28. Diamond Hill Investment Group's Cyclically Adjusted PS Ratio of today is 3.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diamond Hill Investment Group was 8.05. The lowest was 2.11. And the median was 4.02.


Diamond Hill Investment Group  (FRA:BVE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Diamond Hill Investment Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=149.00/46.28
=3.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diamond Hill Investment Group was 8.05. The lowest was 2.11. And the median was 4.02.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Diamond Hill Investment Group Cyclically Adjusted Revenue per Share Related Terms


Diamond Hill Investment Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Diamond Hill Investment Group's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Diamond Hill Investment Group Cyclically Adjusted Revenue per Share Chart

Diamond Hill Investment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.67 42.52 45.01 49.60 46.28

Diamond Hill Investment Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.60 50.01 45.69 46.83 46.28

FRA:BVE vs IGD, HPS, ETO: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Diamond Hill Investment Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diamond Hill Investment Group Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Diamond Hill Investment Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Diamond Hill Investment Group's Cyclically Adjusted PS Ratio falls into.


FRA:BVE
53GF Score
Diamond Hill Investment Group Inc FRA:BVE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diamond Hill Investment Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Diamond Hill Investment Group's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.827/324.0540*324.0540
=6.827

Current CPI (Dec. 2025) = 324.0540.

Diamond Hill Investment Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 8.061 238.132 10.970
201606 8.514 241.018 11.447
201609 8.581 241.428 11.518
201612 11.089 241.432 14.884
201703 9.563 243.801 12.711
201706 9.172 244.955 12.134
201709 8.914 246.819 11.703
201712 9.222 246.524 12.122
201803 8.775 249.554 11.395
201806 8.737 251.989 11.236
201809 9.092 252.439 11.671
201812 8.614 251.233 11.111
201903 8.245 254.202 10.511
201906 8.536 256.143 10.799
201909 9.206 256.759 11.619
201912 9.610 256.974 12.119
202003 8.828 258.115 11.083
202006 7.788 257.797 9.790
202009 8.269 260.280 10.295
202012 9.102 260.474 11.324
202103 10.381 264.877 12.700
202106 11.701 271.696 13.956
202109 14.656 274.310 17.314
202112 12.013 278.802 13.963
202203 12.043 287.504 13.574
202206 11.708 296.311 12.804
202209 12.552 296.808 13.704
202212 10.948 296.797 11.953
202303 11.566 301.836 12.417
202306 11.449 305.109 12.160
202309 12.485 307.789 13.145
202312 7.454 306.746 7.875
202403 13.086 312.332 13.577
202406 13.679 314.175 14.109
202409 14.353 315.301 14.751
202412 9.392 315.605 9.643
202503 14.116 319.799 14.304
202506 12.984 322.561 13.044
202509 13.408 324.800 13.377
202512 6.827 324.054 6.827

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €46.28 mean?
Diamond Hill Investment Group (FRA:BVE) has a Cyclically Adjusted Revenue per Share of €46.28 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Diamond Hill Investment Group and its competitors.
Is Diamond Hill Investment Group's Cyclically Adjusted Revenue per Share too high?
Diamond Hill Investment Group's current Cyclically Adjusted Revenue per Share is €46.28. Overall, Diamond Hill Investment Group has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Diamond Hill Investment Group's Cyclically Adjusted Revenue per Share compare to IGD and HPS?
Diamond Hill Investment Group's Cyclically Adjusted Revenue per Share of €46.28 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Diamond Hill Investment Group and its competitors. Diamond Hill Investment Group's current Cyclically Adjusted Revenue per Share is €46.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Hill Investment Group stock overvalued right now?
Diamond Hill Investment Group (FRA:BVE) has a current Cyclically Adjusted Revenue per Share of €46.28. The stock's GF Value™ is €145.40, compared to a current price of €149.00 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €46.28. Diamond Hill Investment Group's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Diamond Hill Investment Group (FRA:BVE), the current Cyclically Adjusted Revenue per Share is €46.28 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Diamond Hill Investment Group (FRA:BVE) Overvalued in 2026?

Based on GuruFocus' analysis, Diamond Hill Investment Group stock appears to be overvalued. The current stock price of €149.00 is trading 2.5% above its estimated GF Value™ of €145.40.

Key valuation signals for FRA:BVE:

  • Cyclically Adjusted Revenue per Share: €46.28
  • GF Value™: €145.40 vs. price of €149.00 (2.5% above fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the FRA:BVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diamond Hill Investment Group Business Description

Address 325 John H. McConnell Boulevard, Suite 200, Columbus, OH, USA, 43215
Diamond Hill Investment Group Inc derives its consolidated revenues and net income from investment advisory and fund administration services provided by its subsidiary. It is a registered investment adviser. The company is the investment adviser and administrator for the Proprietary Funds. It also provides investment advisory services to DHMF, SMAs, CITs, other pooled vehicles including sub-advised funds, and model delivery programs.
53GF Score

Get the complete analysis for FRA:BVE

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€149.00
Price
€145.40
GF Value